Setting-Up
The Federal Reserve “pulled” about thirty billion dollars ($30 Billion) of available credit from its Bank Term Funding Program, and many people are saying this lack of liquidity for banks, is going to cause a “crash..”
If bank’s money is tied-up in Treasury Notes for a fixed term, and the federal reserve has now pulled credit from the Bank Term Funding Program, then how will banks meet their cash needs if the federal reserve won’t give them the credit to get the cash from them? Answer: They won’t.
One rather blunt observer said “This whole thing is coming down. Soon. The fall guy is in place and setting up the scene. He is lining up the patsies and puffing up the patriot crowd. You ain’t getting no Vaseline when this one goes in.”
Source: https://ncrenegade.com/setting-up/
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